Magellan Aerospace Corp. has signed a memorandum of understanding (MOU) with Aequs Private Limited to explore the development of a business plan for setting up a 50/50 jointly-owned aerospace sand casting facility situated at the Belagavi Aerospace Cluster, in Karnataka, India.

The proposed facility aims to meet the sand casting demands in the growing aerospace industry. This increased sand-casting capacity would support both commercial and defense sectors.

The companies state the new venture aims to enhance sand casting capabilities in Southeast Asia. In North America, Magellan is currently able to cast complex utilizing the chemically bonded sand process. It says its North American facilities have expertise in utilizing innovative, leading technologies such as 3D sand printing, robotics, digital radiography, and automated differential pressure bottom pouring.

In 2007, Aequs and Magellan established Aerospace Processing India (API), a joint venture that was the first third party facility approved by both Airbus and Boeing in India, providing innovative surface treatment solutions not readily available in India. In 2024, Magellan and Aequs entered an MOU to explore the development of a business plan for a jointly owned facility for maintenance, repair and overhaul of aircraft engines in Karnataka, India. 

“...This potential new sand casting venture ... will focus on ...strategic initiatives that are essential to realizing the sector’s global potential,” said Magellan Aerospace President Phillip Underwood.